Any client that does not have any accountancy services with us will need to provide a written declaration released by their accountant stating that they are keeping and filing the client’s company books.

Branch of a Foreign Company

REQUIREMENTS

Can be set up if Mother company is within EU and has a VAT number

If mother company is within EU but does not have a VAT number, the client will require an Italian resident as a branch director. (The branch director can be a non-Italian citizen but he should be an Italian resident.)

Audited accounts to be filed annually.

Annual tax return and VAT filed quarterly.

Codice Fiscale required.

Tax and accounting regulations

Limited Liability Company (Srl – Societa a responsabilitia limitia).

RUNNING COSTS

Chartered accountant from: EUR 5,400.00 registering 20 invoices in and out, email support, yearly return and 1 meeting every quarter. This is to be taken on account and a formal quotation will be given by the accountant.

If a year is paid in advance the fee is reduced to 320.00 EUR per month plus a 500.00 EUR deposit, refundable when the contract expires and provided that 3 months notice is given. Set up fee for all office contracts is 250.00 EUR

Serviced offices: cost as per requirement.

Branch of a Foreign Company

ACCOUNTANCY

Company services from:5,500.00 EUR.

This includes registered office, complete accountancy service (including VAT return and tax return), 100 invoices per year. Please contact us for a quote if invoices exceed this figure.

Bookkeeping at cost to be defined according to requirement.

NOTES

Costs net of qualified tax, duties and costs unless otherwise stated.

Costs for standard Srl.company with basic activity and no employees.

OFFICES

Virtual office (includes telephone, fax and mail forwarding facilities): 350.00 EUR per month payable quarterly in advance plus1,150.00 EUR deposit refundable within 30 days upon termination of your office contract. If a year is paid in advance the fee is reduced to 500.00 EUR per month

Serviced offices: cost as per requirement.

Procedure of company registration

HOW DO I PROCEED?

In order to commence the formation procedure, we will require the following: